It is at least an order of magnitude overvalued and it will pop soon!
Proper TA put's a supported price around 700-900 usd with a true target value of around 500 usd.
Don't be left holding the bags, you have been warned.
And that is all considering we can maintain current core situation which is almost sure we cannot.
The hardfork is pretty much imminent with 46% BU support and growing. Only 4% to go before we have the hardfork.
It will not just crash the price it will oblitterate it. Bitcoin will sink into the abyss as a low value altcoin.
Oh bets are still open on this. I'm offering 10k USD up for bets. Still no takers i guess? Cause you're all so certain...
Topic: Bitcoin price overvalued? Price Today: $1,827 - page 3. (Read 2321 times)
I couldn't imagine the price will touch at $1,800 plus I was wrong with my speculation past few days .. that the price can be stay at $1,700.
Do you think guys the price of bitcoin today is overvalued?
Or this is just because the price was rise because of the good news about legalized bitcoin in japan country?
Yeah the legalisation of Bitcoin in Japan has definitely helped along with the new budget in Australia. That has also influenced it a bit. I hope it keeps rising though. Do you think guys the price of bitcoin today is overvalued?
Or this is just because the price was rise because of the good news about legalized bitcoin in japan country?
Japan news is obviously affecting everything but this rise is officially crazy at this point. which, to be honest, makes it a bit scary to me. i think we all were expecting a rise after the big dip of earlier this year and after all the drama and FUD cleared from the community, i was also expecting an easier rise above $1000 in general, you know because below that price had already happened and everyone had targets for 2 or 3 years to sell or do something at $1000 mark but above it (like $1500) is new and nobody had any strict plans of "this is the end" kind of deal.
and that mentality alone removes a lot of the sell pressure on the market and can make the rise so much easier.
and that mentality alone removes a lot of the sell pressure on the market and can make the rise so much easier.
I couldn't imagine the price will touch at $1,800 plus I was wrong with my speculation past few days .. that the price can be stay at $1,700.
Do you think guys the price of bitcoin today is overvalued?
Or this is just because the price was rise because of the good news about legalized bitcoin in japan country?
Do you think guys the price of bitcoin today is overvalued?
Or this is just because the price was rise because of the good news about legalized bitcoin in japan country?
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